We consider inductive limits
A of sequences A1→ A2→⋯ finite direct sums of C∗-algebras of continuous
functions from compact Hausdorff spaces into full matrix algebras. We prove
that A has topological stable rank (tsr) one provided that A is simple and
the sequence of the dimensions of the spectra of Ai is bounded. For unital
A, tsr(A) = 1 means that the set of invertible elements is dense in A. If A
is infinite dimensional, then the simplicity of A implies that the sizes of
the involved matrices tend to infinity, so by general arguments one gets
tsr(Ai) ≤ 2 for large enough i whence tsr(A) ≤ 2. The reduction of tsr from two to
one requires arguments which are strongly related to this special class of
C∗-algebras.